IndiGo and Air India have announced a strategic collaboration to establish aviation leasing units in the Gujarat International Finance Tec-City (GIFT City). This partnership marks a significant development in India's aviation sector, enhancing the country's presence in the global aviation leasing market.
GIFT City, located in Gandhinagar, Gujarat, is India's first International Financial Services Centre (Ifinancial hub. IndiGo and Air India's decision to set up leasing units here demonstrates their compresence in the finance and aviation sectors.
The move is expected to stimulate investment and boost economic activities in the region, creatindriving growth. Additionally, it will facilitate the leasing of aircraft, engines, and other aviation assindustry's financial operations.
06/09/2023 Construction World
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